'More pronounced' demand slump drives container spot freight rate declines
Container spot freight rates on most of the main shipping trades saw another week of ...
In a warning to container shipping lines serving North America that the hitherto strong demand cannot continue indefinitely, new data from Sea-Intelligence Consulting suggests US retail inventories may be reaching a peak.
“The latest data from the US Census Bureau shows there is a consistent inventory increase in the retail sector,” Sea-Intelligence Consulting chief executive Alan Murphy said.
“Not only are retailers increasing inventories, the pace of increase has also quickened,” he added, explaining that over the course of 2024, retail inventor ...
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